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$932,827

NAL Estimated Property Value

3141 Drapers Cv, Lago Vista, TX, 78645

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,252 Sq Ft
price_per_sqft$878.59 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesBuilt-In Electric Range, Microwave, Refrigerator, Washer/Dryer
FlooringTile

Exterior

Exterior FeaturesSee Remarks
Lot Size40,520 sqft

Building Information

Year Built1997
Stories1
Roof Type112
Garage Spaces2

Land Information

APN01628010030000
SubdivisionSettle M
Land UseResidential
Legal DescriptionABS 2126 SUR 49 SETTLE M ACR 0.9302
Census Tract037400
Assessed Land Value$853,470
Assessed Improvement Value$79,357
Assessment Year2025

About this property

In the realm of exquisite lakeside dwellings, few can rival the splendor of this Spectacular waterfront property. Nestled in a prime location, it grants unparalleled access to the ever-shifting waters, irrespective of their whims. Picture yourself within, where endless panoramas embrace you from the living room, the primary bedroom, and the sprawling 12x66 deck. Ah, the vistas! This charming abode boasts two bedrooms, two bathrooms, adorned with the allure of Spanish tiles throughout. And to ward off the winter chill, a wood-burning heat stove takes its place in the living room, embracing you with its cozy warmth. A sanctuary in every sense. Enveloped by a protective bluff on the Southside, this dwelling finds solace from the boisterous winds, creating a tranquil oasis for all your summer escapades. Unleash your heart's desires upon this serene haven, for it beckons with endless possibilities. Short-term rentals find favor in this haven, and as an added boon, it resides in a realm of low taxes! Don't hesitate, my dear compatriots, schedule a tour ere it vanishes into the ether. The sands of time trickle through the hourglass, and opportunity waits for no one.

Investor Tools

Property Icon
$932,827
Estimated Property Value
$0Estimated Mortgage Balance
$932,827Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,600 /month
Positive
Cash Flow Estimate:
$2,200 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,524/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$932,827
2025
$853,470
$79,357
$932,827
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$932,827

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$932,827
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Lago Vista

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